Wednesday, January 24, 2007

USATODAY.com - MGM Grand Detroit unveils $765 million casino plan

04.07.06
USA Today

MGM Grand Detroit unveils $765 million casino plan

DETROIT (AP) — The MGM Grand Detroit Casino says it plans to spend a greater-than-expected $765 million on a 17-floor, permanent gambling facility that will create 1,000 jobs.

On Thursday, the MGM Grand and the Greektown Casino released new plans for their permanent facilities. The MotorCity is Detroit's third casino.

MGM Grand spokesman Bob Berg said the permanent facility, featuring a hotel, restaurants and stores, will create 1,000 jobs. MGM Grand Detroit now employs 2,500 people. The casino itself will be 100,000 square feet.

MGM Grand is spending $190 million more than previously announced and more than the other two Detroit casinos combined, Berg told the Detroit Free Press.

The Art Deco-style design is "kind of this romantic icon of the future," University of Detroit Mercy architecture Dean Stephen Vogel told The Detroit News. "It's a lot more zooty that what you expect to see in Detroit."

Greektown Casino on Thursday presented plans for a 33- to 35-story garage and hotel tower addition to the City Planning Commission in a rezoning request. The commission is expected to decide by May 4. Other city approvals also are needed before construction can start.

The MotorCity Casino plans to spend $275 million to build a hotel tower and expand its temporary casino. The Greektown Casino says it plans to spend $200 million on its expansion.

Last year, MGM Grand took in $460.7 million, Greektown $335.6 million and MotorCity $432.2 million.

http://www.usatoday.com/travel/hotels/2006-04-07-detroit-casinos_x.htm
Wikipedia: MGM Grand Detroit Casino

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